Energy intensity has declined significantly in four Chinese industries -- pulp and paper; cement; iron and steel; and aluminum. While previous studies have identified technological change within an industry...
The authors investigate how institutions affect productivity spillovers from foreign direct investment (FDI) to China's domestic industrial enterprises during 1998-2007. They examine three institutional...
The authors try to answer important questions. How important is the phasing of political and economic liberalization and the active (versus passive) role of the state in reform? What lessons can be learned...
Lessons and consequences of the left's victory in Poland - interview II with Leszek Balczerowicz. Financing the storm: Russia's inflation crisis. Land ownership in Russia. State enterprises in China: down...
This paper formulates a framework for analyzing the gains in allocative efficiency through the convergence of factor returns. Sources of convergence may include: a) factor reallocations, b) differential...